The dollar was within a hair's breadth of the closely watched 150 yen level on Friday, buoyed by a surge in the U.S. 10-year Treasury yield which in the previous session briefly reached 5% for the first time since 2007.
China's gross domestic product (GDP) growth in the third quarter (3Q) of this year signalled that its economic recovery is gaining traction and this will support the trade outlook for Malaysia, said MIDF Research.
A future British government should consider raising the Bank of England's inflation target from 2% to 3% to give it more room for manoeuvre during economic downturns and ease the burden on the public finances, a leading think tank said on Thursday.
Japan's exports hit a record level in September, climbing for the first time in three months as automakers revved up shipments to the U.S. and Europe, unshackled from a global chip shortage that had held them back a year earlier.
China's economy grew at a faster-than-expected clip in the third quarter from a year earlier, official data showed on Wednesday, suggesting the recent recovery may carry enough steam to reach Beijing's full-year growth target.
China's economy grew at a faster-than-expected clip in the third quarter, while consumption and industrial activity in September also surprised on the upside, suggesting the recent flurry of policy measures is helping to bolster a tentative recovery.